Decentralization In Infinite Horizon Economies

Mukul Majumdar (Autor)

Buch | Softcover

204 Seiten

2022
CRC Press (Verlag)
978-0-367-16581-9 (ISBN)

Infos

This book summarizes some issues involved in developing a theory of decentralized resource allocation mechanism in infinite horizon economies. It constitutes a definitive account of cutting-edge research on a topic of continuing importance in price theory. .

Inhalt

Decentralization in Infinite Horizon Economies: An Introduction; Optimal Intertemporal Allocation Mechanisms and Decentralization of Decisions; On Characterizing Optimal Competitive Programs in Terms of Decentralizable Conditions; Characterization of Intertemporal Optimality in Terms of Decentralizable Conditions: The Discounted Case; On Characterizing Optimality of Stochastic Competitive Processes; A Characterization of Infinite Horizon Optimality in Terms of Finite Horizon Optimality and a Critical Stock Condition; A Necessary Condition for Decentralization and an Application to Intertemporal Allocation; Decentralized Evolutionary Mechanisms for Intertemporal Economies: A Possibility Result; Complements and Details

Produkt-Details

• Erscheinungsdatum: 03.04.2020
• Verlagsort: London
• Sprache: englisch
• Maße: 146 x 229 mm
• Gewicht: 276 g
• Themenwelt: Mathematik / Informatik ► Mathematik
• ISBN-10: 0-367-16581-3 / 0367165813
• ISBN-13: 978-0-367-16581-9 / 9780367165819
• Zustand: Neuware